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Indian Economy - Understanding the basics of Indian economic system

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Find incorrect statements about Economic Advisory Council to the Prime Minister (EAC-PM)?

It has been setup for the first time in the economic history of India, during PM Narendra Modi’s tenure.

Bibek Dbroy continues to be chairman of the council..

It is an independent body.

None of the above.

Explanation:

Mohan (UPA-II) had this council under Ex-RBI chief Rangarajan. Modi reconstituted it among the GDP-fall controversy in 2017-Sep. Composition: Dr. Bibek Debroy, Member, NITI Aayog as the Chairman, Shri. Ratan P. Watal, Principal Adviser, NITI Aayog as Member Secretary and Dr. Surjit Bhalla, Dr. Rathin Roy and Dr. Ashima Goyal as part time members. EAC-PM is an independent body.

By: Brijesh Kumar

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